# 42-55 27th Street, Queens

Apartment building · 20 units · built 2025 · Block 431, Lot 6.

On Umarelli: https://umarelli.org/nyc/4004310006/42-76-hunter-street

More construction in Long Island City: https://umarelli.org/nyc/queens/long-island-city.md

## Building permits

- New Building — Mid-Rise, filed May 6, 2024, 33 units, 10 stories, described as “Filing for NB Application for 10 story mixed use building.”
- Alteration, filed Oct 5, 2026, estimated cost $30K, described as “Installation of 5.28 kw solar enegy system on roof. No change of occupancy, use or egress.”
- Alteration, filed Nov 21, 2025, described as “Application for installation and use of suspended scaffold as per plans filed herein. No changes in egress, use or occupancy.”
- Alteration, filed Oct 13, 2025, estimated cost $10K, described as “Installation of pipe scaffolding as per plans. All equipment shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
- Alteration, filed May 20, 2025, estimated cost $10K, described as “Installation of spyder crane in conjuction with DOB now Q01045957”
- Alteration, filed May 15, 2025, estimated cost $10K, described as “Installation of 300 psf sidewalk shed as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Apr 28, 2025, estimated cost $10K, described as “Installation of 6000 lbs gjj SC270GD single car personal hoists and employee elevator as per plan in conjunction with gc: Q01045957. Work shall comply with 2022 NYC building code. No change to use, occupancy or egress.”
- Alteration, filed Dec 18, 2024, estimated cost $5K, described as “Installation and use of temporary construction fence as per plans filed herewith. This application is filed in conjunction with NB Q01045957-I1.”

## Property taxes

- Assessment: $379,800
- 2026–27 tax: $44,666
- Market value (city estimate): $844,000
- Taxable value: $359,082
- Assessed land: $379,800

## Zoning

M1-5/R7-3: floor area ratio 8.14 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 26, 2023: $1,743,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Long Island City BID Expansion (City Planning 2024Q0254): Business improvement district, Completed, filed Feb 2, 2024. An application from the Small Business Services (SBS) on behalf of the Long Island City Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 1 and 2 of Queens.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology